Business

Going, going, gone

Article Abstract:

The issue regarding a need for a separate standard on discontinued operations as a way to deal with the concept of edisposal of non-current assets and presentations of discontinued operationsE or whether its various requirements should not be addressed under other headings, is debated. It is proposed that it would be preferable to incorporate whatever references to discontinued operations are needed in the appropriate standards on measurement.

Anti-money laundering (proceeds of crime and terrorism) second interim guidance for accountants

Article Abstract:

The Guidance issued by the Consultative Committee of Accountancy Bodies (CCAB) for accountants in fulfilling the requirements of the anti-money laundering sections of the Proceeds of Crime Act 2002 and the Money Laundering Regulations 2003 is presented. The Guidance includes a substantive version of Appendix 1 eNCIS Disclosure Forms and Guidance NotesE.